As you can see, ETH has broken below the trendline, and bearish momentum is picking up.
The weekly candle closes today, so I want to see how we finish the week. After that, we could see some sideways movement or a retest of the broken trendline before the next move down.
That's my view for now. Let's see how the weekly candle closes.
Every previous breakdown marked on the chart led to a major drop. If we lose this level again, are we heading for a new low? What do you think? #BinancePick
It is moving exactly as expected. BTC has now reached the $80.5K support zone. This is an important level to watch.
If this support breaks and we get a clean confirmation below it, the next major target remains around $75.5K, which would complete the projected move.
For now, let’s see whether buyers can defend this support or if BTC finally breaks down.
CRYPTOMOJO_TA
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Bearish
BTC Is this the start of the next leg down? 👀
BTC is currently forming what looks like an ABC corrective structure. After completing the A leg, the bounce toward the 84.5K–85K area could be the B wave. If this rejection continues, the C wave could take BTC toward the 75.5K–76K support zone shown on the chart.
The key invalidation is a strong reclaim above 84.5K, while 86.7K remains the major resistance.
Gold finally broke down from the range we were watching and the move was sharp.
The $4,100–$4,110 area has now turned into an important resistance zone after the breakdown. Price has already swept below the previous range low and reached around $4,000, where we’re seeing a small bounce. For me, this is where it gets interesting. If Gold gets a relief bounce, I’ll be watching $4,085–$4,110 for a possible rejection. A clean reclaim of $4,110 would weaken the bearish setup.
But if sellers stay in control and $4,000 breaks, I wouldn’t be surprised to see another leg lower. Right now, the structure still looks bearish.
BTC is currently forming what looks like an ABC corrective structure. After completing the A leg, the bounce toward the 84.5K–85K area could be the B wave. If this rejection continues, the C wave could take BTC toward the 75.5K–76K support zone shown on the chart.
The key invalidation is a strong reclaim above 84.5K, while 86.7K remains the major resistance.
📊 TESLA ($TSLA): A MASSIVE LONG-TERM CONSOLIDATION RANGE
Tesla has been trading inside a broad monthly range after its explosive rally, with price currently around $385.
🔹 Resistance: $450–$470 — the upper boundary of the current range. 🔹 Support: $115–$120 — the lower boundary of the range. 🔹 Trend: The long-term moving averages are still rising, supporting the broader bullish structure.
Tesla has spent years consolidating within this wide range, and the next major move could depend on which boundary breaks decisively.
📈 A breakout above $470 could signal another bullish expansion. 📉 A breakdown below $115–$120 could weaken the long-term structure significantly.
For now, TSLA remains within its long-term range. The key is to watch for a confirmed breakout rather than anticipate one.
What’s your view will Tesla break above the range or continue consolidating? #earningsseason
FARTCOIN has been trading inside a clear descending channel since the late-September high, but the latest move is getting interesting. Price has now pushed above the upper trendline of the channel, currently around $0.150. This could be an early sign of a trend change, but I’d like to see confirmation rather than calling it a breakout immediately.
If FARTCOIN holds above the broken trendline, the first levels I’m watching are $0.157–$0.160, followed by $0.168–$0.170. If price falls back below the trendline and gets rejected, the breakout could turn into a fakeout and the lower part of the channel comes back into focus.
For now, the key level is the broken trendline around $0.148–$0.150. Holding above it could be interesting.
#Bitcoin has lost the crucial $82K weekly support.
With the weekly close below this level, BTC could face further downside toward $72.8K. The key now is whether BTC can reclaim $82K or if this former support turns into resistance.
BTC is testing a crucial support zone around $80,488–$81,730 on the daily timeframe.
Price is struggling to hold this area after getting rejected from the upper resistance and trendline. The next move here is important.
If BTC holds support, we could see another bounce toward $84,522 and potentially $86,751. But a clean daily breakdown below $80,488 could open the door toward $75,500. For now, I’m watching how BTC reacts around this support zone.
Ethereum is holding the horizontal and rising trendline support very well.
The latest daily candle printed a long lower wick, showing strong buying interest around this support. As long as ETH continues to hold this zone, I’m not micro bearish.
For me, holding support = micro bullish. A clean break below it would change the structure. What’s your opinion on this chart? Comment below.
USDT Dominance is finally breaking higher from the recent consolidation range. After holding the 6.27%–6.52% area for several weeks, USDT.D has pushed above the 6.77% resistance and is now trading around 6.91%. The interesting part is that price has also moved back above the moving averages and broken the short-term descending structure. This gives the chart a stronger bullish look compared with the previous update. Now I’m watching 7.00%–7.18% as the next major resistance zone. If USDT.D continues higher and gets accepted above this area, that could put additional pressure on BTC and the broader altcoin market. On the other hand, if this breakout fails and USDT.D falls back below 6.77%, we could see a move back toward 6.52%. USDT.D: 6.91% Resistance: 7.00% → 7.18% Support: 6.77% → 6.52%
For now, the breakout is interesting. USDT.D strength is something I’ll be watching closely for the next crypto move.
Gold is rebounding from the $4,073 weekly low and has recovered back above $4,100. For now, price is trying to build a base, but the bigger trend still needs confirmation.
The main area I’m watching is $4,150–$4,170. This zone could decide the next move. If Gold gets rejected here and forms a reversal pattern, we could see another move lower toward $4,100 and potentially $4,070.
On the other hand, a clean breakout above $4,170 would improve the short-term structure and could push the recovery further. The upcoming US Retail Sales and PPI data could be important. Strong data may support the dollar and yields and put pressure back on Gold, while weaker numbers could help the recovery continue.
For me, $4,150–$4,170 is the key zone to watch. Let’s see how Gold reacts there.